EA based on Ticks, not Candles.
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Hi FxDreema, I am willing to create a tick EA based on price action. How can I make it this way?
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If it the price has moved let's say n ticks (the price had n different modifications), it will open a BUY/SELL.
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If I have in the EA 5 ticks to optimize, I will use the option of using only "n" ticks I need to, let's say first 3 out of 7 to trigger an order.
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Each tick has it's own UP/DOWN direction and it's Size in terms of price increment or price modification.
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EA is for mt4/mt5.
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Forgot to mention, the EA is not trading candlesticks, only ticks. Any help would be more than welcome.
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Why do I have this feeling that you want to work with Renko charts. If you don't know these, look at them.
Otherwise what you want to do probably requires few variables, maybe arrays, or maybe a whole custom block to collect and process that data. Or indicator.
